Swift Navigation

company

About

Swift Navigation is a technology company that provides precise positioning solutions for automotive advanced driver-assistance systems.

Details

Last Funding Type
Series D
Last Funding Money Raised
$100M
Industries
Autonomous Vehicles,GPS,Hardware,Robotics,Software
Founded date
Jan 1, 2012
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Swift Navigation, Inc.

Swift Navigation is a technology company that provides precise positioning solutions for automotive advanced driver-assistance systems. The company was founded in 2012 to make GPS positioning technology more accurate and affordable. Today Swift Navigation has gained a reputation for defining a new category of GNSS systems as the industry’s first low-cost, high-accuracy real-time kinematics (RTK) receiver. Its GPS and GNSS positioning products are available at a fraction of the price of the competition and deliver 100 times better accuracy than the GPS in a cell phone. Swift Navigation’s technology benefits a multitude of industries and applications—including autonomous vehicles, unmanned aerial vehicles (UAVs), precision agriculture, robotics, surveying, and space. With its innovation and technology honored by Inc.’s and Forbes 30 Under 30 lists, Swift Navigation is enabling a world where fields farm themselves, drones fly safely and autonomous transportation can take you home. Swift Navigation provides an end-to-end GNSS solution with a line of Piksi, Multi, and Duro / Duro Inertial receivers, Starling, Positioning Engine, and Skylark Cloud Corrections Service.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$198.80M
Swift Navigation has raised a total of $198.80M in funding over 2 rounds. Their latest funding was raised on Oct 18, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 18, 2022 Series D $100M 12 Potentum partners
SK
Detail
Feb 9, 2021 Series C $50M 6 Forest Baskett
Greg Papadopoulos
Detail
May 24, 2019 Series C 1 Detail
Jun 28, 2017 Series B $35.20M 9 New Enterprise Associates Detail
Dec 8, 2015 Series A $11M 8 Eclipse Ventures Detail

Investors

Number of Lead Investors
Number of Investors
7
24
Swift Navigation is funded by 24 investors. Potentum partners and SK are the most recent investors.
Investor Name Lead Investor Funding Round
Potentum partners Yes Series D
SK Yes Series D
Forest Baskett Yes Series C
Greg Papadopoulos Yes Series C
Buckley Ventures Series D
Eclipse Ventures Series D
EPIQ Capital Group Series D
FM Capital Series D
New Enterprise Associates Series D
OVN Capital Series D

Employee Profiles

Number of Employee Profiles
16
Swift Navigation has 16 current employee profiles, including Board member Lior Susan
Board member
Executive
Board observer
Board member